MUHAMMADWALEEDKHAN

Subject: Crude Oil Short Analysis

Short
FX:USOILSPOT   WTI Light Sweet Crude Oil Future SPOT
Dear Traders,

I hope this message finds you in good health. I wanted to share a brief analysis indicating a potential short opportunity in crude oil.

The Relative Strength Index (RSI) is currently showing a bearish divergence, signaling a possible reversal in the prevailing trend. Additionally, we have identified two order blocks below the current price, suggesting potential resistance levels.

Considering these factors, it may be prudent to explore short positions in crude oil, exercising caution and implementing well-defined risk management strategies.

Please note that market conditions can change rapidly, and it's essential to stay vigilant. Make informed decisions based on your analysis and risk tolerance.

Feel free to reach out if you have any questions or if you'd like to discuss this analysis further.

Best regards,
MWK
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